USA

Operated by MERIT ENERGY COMPANY (P-5 561136) in the BOB WEST (L-18, 20, 21, 22) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148493District 04Field 100412282 tax incentive programmesCondensateGasSaveExport
Value, all time
$36.7 M
Jan 1994 – Nov 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
311
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 95 leases and 95 wells, and the rule below applies to all of them.

Discovered
1992-08-31
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-04-24.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111996-02-06134066
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition44 bbl$973
GasProduction22,926,942 Mcf$36,739,682
Total$36,740,655

13,067,389 Mcf of this lease's gas, across 36 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 26.5787, -99.1467. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.57866, -99.14674 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,100 ft
1 wells filed one
Completion to plug
13.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,100 ft.

Completions filed
May 2006
1 of 1 wells
Plug dates filed
Nov 2019
1 of 1 wells

Last completion to plug: a median of 13.5 years across the 1 well that filed both dates, with the middle half between 13.5 years and 13.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4273257520511,100 ftMay 2006Nov 2019Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (311)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

311 months

Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201402,27686.164.05$9,207
Aug 201403,78689.394.04$15,277
Jul 201404,00196.564.18$16,723
Jun 201403,73498.164.74$17,688
May 201404,79094.734.73$22,640
Apr 201404,95895.944.81$23,844
Mar 201406,44795.895.06$32,601
Feb 201405,26997.406.19$32,626
Jan 2014011,38390.404.86$55,330
Dec 2013013,60191.824.35$59,225
Nov 2013010,04988.853.74$37,566
Oct 2013013,78697.423.78$52,102
Sep 2013012,023104.113.72$44,698
Aug 2013013,257104.253.52$46,699
Jul 2013013,067102.523.72$48,580
Jun 2013013,24994.403.93$52,114
May 2013013,40594.834.15$55,618
Apr 2013013,28993.964.28$56,911
Mar 2013014,47193.623.91$56,623
Feb 2013012,95191.233.42$44,291
Jan 2013014,02191.603.42$47,951
Dec 2012013,90786.773.42$47,564
Nov 2012013,90686.953.62$50,409
Oct 2012014,89889.383.40$50,648
Sep 2012016,18794.672.92$47,240
Aug 2012012,83692.662.91$37,329
Jul 2012025,43885.133.02$76,843
Jun 2012013,66979.822.52$34,433
May 2012015,34591.612.49$38,183
Apr 2012011,488101.652.00$22,939
Mar 2012010,261105.052.22$22,801
Feb 2012110,437101.102.57$26,927
Jan 2012012,07198.092.73$33,003
Dec 2011012,61696.873.24$40,873
Nov 2011014,20295.723.31$47,027
Oct 2011014,32184.983.65$52,251
Sep 2011016,01083.623.99$63,813
Aug 2011016,85383.404.15$69,928
Jul 2011016,89494.144.52$76,314
Jun 2011017,03892.904.64$79,054
May 2011018,17598.134.40$80,058
Apr 2011018,087105.964.33$78,376
Mar 2011019,29096.364.06$78,266
Feb 2011017,44085.644.18$72,899
Jan 2011015,02286.504.59$68,933
Dec 2010015,71885.734.35$68,338
Nov 2010015,58080.843.80$59,131
Oct 2010016,85178.103.51$59,128
Sep 2010015,57172.633.98$61,964
Aug 2010012,98573.684.42$57,385
Jul 2010016,97572.554.74$80,402
Jun 2010016,29270.364.91$80,000
May 2010015,08771.124.24$63,897
Apr 2010015,78981.694.12$65,093
Mar 2010014,41878.394.39$63,276
Feb 2010013,78373.585.44$75,012
Jan 2010014,55674.365.96$86,813
Dec 2009014,74471.445.48$80,852
Nov 2009013,91574.593.75$52,202
Oct 2009016,83072.544.11$69,176
Sep 2009019,42865.543.06$59,542
Aug 2009020,22667.423.22$65,097
Jul 2009011,34261.133.46$39,294
Jun 2009013,85066.163.90$53,946
May 2009013,97754.743.93$54,870
Apr 2009016,77346.773.59$60,173
Mar 2009015,92242.144.06$64,627
Feb 2009016,64932.814.63$77,135
Jan 2009016,59635.865.37$89,137
Dec 2008010,88137.105.98$65,037
Nov 2008015,89255.496.86$109,025
Oct 2008017,98575.246.92$124,492
Sep 2008018,010101.767.88$141,866
Aug 2008017,072114.228.48$144,822
Jul 2008019,112131.0811.39$217,675
Jun 2008018,597131.3313.03$242,368
May 2008019,407123.1711.57$224,622
Apr 2008018,971110.3110.45$198,339
Mar 2008020,397101.909.66$197,118
Feb 2008018,98592.538.77$166,509
Jan 2008018,85090.388.21$154,678
Dec 2007019,74888.337.30$144,199
Nov 2007018,56491.677.29$135,363
Oct 2007019,45882.856.92$134,688
Sep 2007019,58275.846.24$122,273
Aug 2007019,25769.066.39$123,013
Jul 2007020,58270.906.39$131,477
Jun 2007019,87162.007.55$149,995
May 2007020,65858.747.85$162,088
Apr 2007018,67659.617.81$145,770
Mar 2007017,65656.927.30$128,924
Feb 2007014,40755.108.22$118,368
Jan 2007018,83850.306.73$126,720
Dec 2006017,20056.656.92$118,997
Nov 2006018,26754.207.62$139,149
Oct 2006018,52754.906.01$111,418
Sep 2006015,90060.085.04$80,091
Aug 2006019,43368.717.34$142,637
Jul 2006016,50869.376.34$104,706
Jun 2006016,75566.286.38$106,962
May 2006016,00266.016.42$102,813
Apr 2006010,26464.397.36$75,548
Mar 2006021,76556.707.08$154,160
Feb 2006019,82757.597.75$153,681
Jan 2006022,90160.598.93$204,582
Dec 2005023,37154.9413.42$313,531
Nov 2005028,56454.6910.59$302,447
Oct 2005030,43858.3413.80$419,915
Sep 2005023,72361.4512.08$286,550
Aug 2005027,26061.519.80$267,062
Jul 2005029,24855.697.84$229,411
Jun 2005028,65152.337.38$211,474
May 2005031,65845.226.65$210,562
Apr 2005033,39249.207.36$245,781
Mar 2005021,08950.377.15$150,889
Feb 2005022,43045.226.31$141,576
Jan 2005028,24443.166.32$178,564
Dec 2004028,87539.866.75$194,937
Nov 2004026,80645.286.33$169,693
Oct 2004028,63649.706.52$186,566
Sep 2004027,37043.245.28$144,620
Aug 2004028,39742.375.55$157,622
Jul 2004029,89138.286.08$181,862
Jun 2004027,86236.106.43$179,237
May 2004031,34437.486.49$203,566
Apr 2004029,04234.475.86$170,141
Mar 2004027,79834.365.53$153,727
Feb 2004027,68532.455.51$152,534
Jan 2004034,86532.036.30$219,637
Dec 2003033,52530.266.30$211,262
Nov 2003034,98528.804.60$160,762
Oct 2003032,21728.174.76$153,341
Sep 2003033,89826.314.75$160,994
Aug 2003030,52729.765.13$156,595
Jul 2003035,70729.415.17$184,635
Jun 2003036,47328.565.98$218,217
May 2003035,46326.595.97$211,809
Apr 2003027,89626.675.41$150,841
Mar 2003036,06831.146.10$219,872
Feb 2003034,28533.487.93$271,739
Jan 2003039,59530.315.58$221,021
Dec 2002040,15826.914.85$194,917
Nov 2002038,79324.664.14$160,485
Oct 2002042,25326.464.23$178,693
Sep 2002041,86227.443.64$152,177
Aug 2002044,14125.963.16$139,669
Jul 2002045,40224.583.06$139,010
Jun 2002943,70323.733.34$146,105
May 2002148,84224.663.58$175,074
Apr 2002248,44723.653.51$170,209
Mar 2002250,25022.003.10$155,956
Feb 20021144,63518.222.38$106,239
Jan 2002047,49317.172.38$112,828
Dec 2001050,51016.932.36$119,426
Nov 2001851,80618.072.41$124,765
Oct 20011062,49619.782.53$158,243
Sep 2001053,84024.262.25$121,211
Aug 2001058,54624.873.05$178,750
Jul 2001060,92323.933.20$194,776
Jun 2001059,95424.563.82$229,274
May 2001059,64625.524.31$256,914
Apr 2001058,87524.685.34$314,117
Mar 2001062,85024.545.38$337,909
Feb 2001057,69527.755.77$332,732
Jan 2001064,94527.478.40$545,457
Dec 2000066,79326.889.12$609,319
Nov 2000064,99232.215.66$367,725
Oct 2000066,98131.235.15$344,651
Sep 2000065,41931.875.19$339,296
Aug 2000071,82529.644.54$326,139
Jul 2000077,45728.534.09$316,780
Jun 2000079,39829.304.40$349,133
May 2000076,12827.263.68$280,132
Apr 2000067,37224.513.12$209,931
Mar 2000073,31328.422.86$209,657
Feb 2000071,39027.622.73$194,645
Jan 2000077,07525.272.48$191,185
Dec 1999084,09024.282.42$203,811
Nov 1999084,53123.192.43$205,748
Oct 1999075,14520.982.80$210,685
Sep 1999073,75921.752.62$193,164
Aug 1999076,46519.262.88$219,883
Jul 1999080,96017.892.37$192,067
Jun 1999084,96715.942.36$200,701
May 1999098,11715.792.32$227,732
Apr 1999096,76515.102.21$213,662
Mar 19990105,80212.471.84$194,499
Feb 1999094,0969.981.82$171,047
Jan 19990110,49410.381.90$209,933
Dec 19980118,1929.201.77$209,592
Nov 19980119,33210.892.19$260,826
Oct 19980124,40912.421.97$244,987
Sep 19980123,26412.592.08$256,712
Aug 19980129,05011.301.91$246,144
Jul 19980134,13111.742.24$300,087
Jun 19980136,45111.242.24$305,278
May 19980152,07912.622.21$335,538
Apr 19980157,02313.042.51$393,394
Mar 19980173,07812.802.31$399,713
Feb 19980148,54613.952.30$341,527
Jan 19980150,86814.702.15$325,089
Dec 19970154,35116.322.41$372,156
Nov 19970158,55918.193.09$489,671
Oct 19970173,06219.253.15$545,114
Sep 19970175,33617.742.95$518,097
Aug 19970186,34217.862.55$476,055
Jul 19970194,94217.582.25$438,023
Jun 19970196,03117.242.26$442,481
May 19970213,47518.972.31$492,807
Apr 19970209,29917.882.08$435,924
Mar 19970225,71518.951.94$437,693
Feb 19970212,67220.492.21$469,133
Jan 19970245,80323.483.54$870,069
Dec 19960254,46123.32$0
Nov 19960261,11121.97$0
Oct 19960287,13823.31$0
Sep 19960251,69622.22$0
Aug 19960258,34520.26$0
Jul 19960289,72019.55$0
Jun 19960325,36718.73$0
May 19960330,74019.43$0
Apr 19960332,39121.51$0
Mar 19960363,16319.38$0
Feb 19960294,93316.98$0
Jan 19960328,11817.07$0
Dec 19950350,36817.19$0
Nov 19950342,15616.00$0
Oct 19950365,63315.43$0
Sep 19950352,08216.18$0
Aug 19950372,58015.92$0
Jul 19950382,34315.24$0
Jun 19950410,59116.41$0
May 19950444,97917.56$0
Apr 19950422,07717.73$0
Mar 19950439,13116.44$0
Feb 19950405,90016.58$0
Jan 19950353,41415.92$0
Dec 19940416,89915.03$0
Nov 19940429,15015.90$0
Oct 19940421,20515.58$0
Sep 19940436,35515.29$0
Aug 19940447,67816.13$0
Jul 19940451,82317.56$0
Jun 19940471,77717.09$0
May 19940478,49115.88$0
Apr 19940371,30814.14$0
Mar 19940445,18112.46$0
Feb 19940437,16512.50$0
Jan 1994041,92012.66$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Sep 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 86.16 =         $0
Gas                2,276 Mcf  × $  4.05 =     $9,207

────────────────────────────────────────────────────
Month total                                   $9,207

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/148493 is the state's own key, not one this site invented.